CBRE Brokers Sale Of Cooper Street Plaza In Arlington To Vista Property Co
4601 South Cooper Street
Building Size
91,856 SF
Asset Type
Retail
Closing
Sep 26, 2023
AI
CBRE has brokered the sale of Cooper Street Plaza, a 91,856-square-foot shopping center located at 4601 South Cooper Street in Arlington. The retail property includes anchor tenants K&G Mens Co. and Office Max. The sale was facilitated by brokers Jared Aubrey and Michael Austry of CBRE. The buyer of the property was Vista Property Co.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Date: 09/26/2023
- Address: 4601 South Cooper Street
- Market: Arlington
The brokers involved in this deal were Jared Aubrey and Michael Austry from CBRE. They played a crucial role in facilitating the transaction between the seller and the buyer, Vista Property Co.
Players
Arlington Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93